Fear of the Unknown, ‘Bear Cycle’ Overblown? (This week in crypto summary February 14)
- Bitcoin’s price fluctuated between $42,000 and $44,500 this week.
- Ethereum saw a 3% increase, reaching a high of $3,200.
- Total cryptocurrency market capitalization remained stable at approximately $1.9 trillion.
- Trading volume decreased by 15% compared to the previous week.
- The number of active Bitcoin addresses increased by 5% over the past seven days.
This week in the crypto market, Bitcoin’s price showed volatility within a range of $42,000 to $44,500. Despite a decrease in trading volume by 15%, Ethereum experienced a modest rise of 3%, peaking at $3,200. The total cryptocurrency market capitalization held steady at around $1.9 trillion.
Source (2.6)https://insights.santiment.net/read/fear-of-the-unknown-bear-cycle-overblown-this-week-in-crypto-summary-february-14-8473
